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20130801
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find ourselves feeling weaker on the ground in places like detroit and baltimore. >> there's a statistic from the urban institute that i found pretty stunning. over the past 30 years, the average white family has gone from having five times as much wealth as the average black family, to 6 1/2 times. which is to say the wealth disparity between black households and white households is accelerating. what do you -- how do you make sense of that? how do you make sense of that in the context of the racial progress that we've made in so many areas and the fact that we have the first black president? >> well, look, certainly, we have come a long way, and there's a long way to go. and the reality is that the banking industry in many instances, in too many instances, targeted the black community for really strip mining wealth in our communities, through the shenanigans that happened through the mortgage business, during the bubble. and obama started right at the beginning of that. and i think if there's frustration in the community, it's that we haven't seen really folks go to jail
Search Results 0 to 1 of about 2 (some duplicates have been removed)

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